By 2023, nearly a quarter of Missouri’s workforce will see a raise as a result of Proposition B.

Many of Missouri’s rural areas will see more than 30 percent of their workers positively impacted. People living and working in every county of Missouri are falling behind. Prop B has the potential to strengthen all Missouri communities.

Will raising the minimum wage have an effect on taxes and taxpayers?

Because people who earn minimum wage are those most likely to spend their income and spend it with local, small business for basics like food and clothing, it is estimated by the state of Missouri that state and local government tax revenue could increase as much as $214 million dollars.

Proposition B will help workers become more self-reliant and reduce the amount of taxpayer assistance they need. In fact, this initiative could reduce the number of workers getting public assistance welfare by 10 percent.

Additionally, the extra money spent by low-wage workers gets funneled back to businesses large and small that need to hire more workers to keep up with the increased demand, creating economic growth. That’s great for those businesses and it’s great for Missouri taxpayers.